|Horizon||30 Days Login to change|
Madrid Gnrl vs. NZSE
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the NZSE. But the index apears to be less risky and, when comparing its historical volatility, Madrid Gnrl is 1.25 times less risky than NZSE. The index trades about -0.05 of its potential returns per unit of risk. The NZSE is currently generating about 0.16 of returns per unit of risk over similar time horizon. If you would invest 910,915 in NZSE on August 19, 2018 and sell it today you would earn a total of 20,662 from holding NZSE or generate 2.27% return on investment over 30 days.
Pair Corralation between Madrid Gnrl and NZSE